Overview
Munich RE Group / Munich Reinsurance Company
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) is one of the world's leading reinsurers and operates in life, health and property-casualty business. Reinsurance coverage (insurance for insurers) includes fire, life, motor, and liability policies on both a facultative (individual risk) and treaty (categorized risk) basis. The company also provides direct insurance including life, health, and property coverage through Germany-based
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Read More ERGO and other subsidiaries, and it provides asset management services through MEAG MUNICH ERGO. Muinich Re generates about 55% of the company's total gross premiums written in Europe
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Read More ERGO and other subsidiaries, and it provides asset management services through MEAG MUNICH ERGO. Muinich Re generates about 55% of the company's total gross premiums written in Europe
Read Less
Joachim Wenning
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Insurance Carriers
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Insurance Carriers and Related Activities
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Finance and Insurance
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Reinsurance carriers, accident and health
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Life reinsurance carriers
See All Industries Holding companies, nec
See Fewer Industries
See All Industries Holding companies, nec
See Fewer Industries
Activities Related to Credit Intermediation
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Agencies, Brokerages, and Other Insurance Related Activities
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Depository Credit Intermediation
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Insurance and Employee Benefit Funds
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Monetary Authorities-Central Bank
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Nondepository Credit Intermediation
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Other Financial Investment Activities
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Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
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View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
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Estimated
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Actual
$47.08 billion
Actual
7.92%
23.43%
$286,515
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XETRA:MUV2
Contacts
Get in Touch with 32 Principals*
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Joachim WenningChief Executive Officer
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Data
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue
$47.08 billion
USD
Modelled
1 USD = 0.8785 EUR
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $3,578 | $2,895 | $4,521 |
| Net Investing Cash | -$575 | -$375 | -$307 |
| Net Financing Cash | -$2,536 | -$3,396 | -$3,076 |
| Net Change in Cash | $467 | -$875 | $1,138 |
| Cash at Beginning of Period | $6,369 | $7,330 | $6,162 |
| Cash at End of Period | $6,976 | $6,398 | $7,340 |
| Capital Expenditure | -$360 | -$394 | -$397 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $10,553 | $9,755 | $10,616 |
| Accounts Receivable | $ | $ | $ |
| Inventories | $14 | $ | $ |
| Other Current Assets | $ | $ | $ |
| Asset Summary | |||
| Total Current Assets | $ | $ | $ |
| Tangible Fixed Assets | $2,319 | $2,419 | $623 |
| Intangible Assets | $1,017 | $1,170 | $1,187 |
| Total Assets | $286,515 | $273,793 | $269,391 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $ | $ | $ |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $ | $ | $ |
| Liability Summary | |||
| Total Current Liabilities | $ | $ | $ |
| Long-Term Debt | $7,195 | $5,365 | $5,405 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $288,868 | $277,771 | $275,636 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $8,449 | $8,451 | $8,449 |
| Retained Earnings | $28,255 | $25,626 | $23,555 |
| Equity Summary | |||
| Total Equity | $37,155 | $33,751 | $30,840 |
| Shares Outstanding | 131,406,411 | 134,599,807 | 137,643,183 |